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If you have a high rate of interest on loans, a Chapter 13 Bankruptcy can reduce the interest rate resulting in a much lower monthly payment.  This is called a “cramdown.”  The interest rate unsecured creditors such as credit cards, finance company loans,

Despite what most people think, considering the current economy, bankruptcy filings are actually down nationwide. One would think that with the high rate of foreclosures, job losses, sequestration and cut backs that more people would have a need to file bankruptcy. It seems that during an economic recession, Americans begin to feel so down and out that even seeking much needed bankruptcy assistance is just too burdensome.

An auto shut off device is a device installed on a vehicle by a car dealer that is usually a buy here, pay here type auto dealer.  If you do not make your payments to the dealership timely, the device will be activated and it disables the vehicle until a payment is made and the buyer obtains a new code.  If a payment is not made, this shut off device allows the dealership to locate the vehicle in or

The Fair Credit Billing Act (FCBA) is a subsection of the federal Truth in Lending Act (TILA). It is an important federal law for all consumers since it contains the billing error procedures at sections 1666 and 1666(a). These billing error procedures most commonly assist consumers when they are disputing credit card transactions on their credit card statements for which they do not believe that they should be held liable.

Yes, you can be denied a bankruptcy discharge but this is a rare occurrence. The most common occurrence is when a Debtor has committed a fairly serious fraud against his creditors. A more common occurrence, but still rare, is being denied a discharge of a single debt for various legal reasons. There are a few sections of the bankruptcy code that discuss the discharge in general or discharge of certain debts.

A common question that we often get asked is whether someone can give away or transfer over property in order to avoid their creditors if they are going to file for bankruptcy. The very short and quick answer is no.

This question really depends on where you have filed your chapter 13 petition since the local rules of each court governs how income changes will affect a chapter 13 plan.  In some district, the change will not matter but it others it might.

The short answer to this question is NO! This question usually comes to me or my colleagues from a frightened victim of this “payday loan scam” after they have been contacted by a self labeled “collector” plying intimidating scare tactics to collect on a debt.

A recent study led by researchers from the Fred Hutchinson Cancer Research Center in Seattle, Washington concluded that cancer patients in Washington State were twice as likely to file for bankruptc

If you are giving up or “surrendering” your house in bankruptcy, our initial advice to our clients is to stay in the house until the foreclosure sale date. As a general rule, it takes quite a while for most mortgage companies to foreclose on a home.